PNC announced on November 9, 2026, a limited pilot that lets eligible Corporate & Institutional Banking clients receive USDC on Ethereum. PNC says it converts the USDC one-for-one into US dollars and deposits the funds in a designated PNC account. Coinbase provides the payment infrastructure.
The public PNC and Coinbase announcements do not provide a comprehensive fee schedule or an end-to-end service guarantee. One-for-one conversion does not mean the entire payment is free.
